By Alyssa Marksz | AZ Big Media
Housing prices across the Valley exploded last year even as the area lost tens of thousands of jobs due to the COVID-19 pandemic. That trend shows no sign of slowing, but there are a variety of neighborhoods across the Valley that offer prospective buyers diverse living experiences. And one of the hot spots for housing is the East Valley, which is home to some of the hottest neighborhoods for housing in Arizona.
Mark Stapp, the Executive Director of the W.P. Carey Master of Real Estate Development program at Arizona State University said the East Valley, for example, has historically been the dominant area for housing in the Phoenix Metropolitan area. Stapp said this is due to the quality of schools and infrastructure, and he believes that the area will continue to develop and remain in high demand with some of the region’s hottest neighborhoods.
East Valley realtor Michael D’Elena of North&Co real estate said that Downtown Gilbert, South Chandler, South Scottsdale, East Mesa, and Casa Grande are among the hottest neighborhoods and the top areas for housing in the East Valley right now.